In the year In 2024, many in the crypto industry have found what they have been looking for for years: a major Recognition and a Sitting at the table. Now it looks like 2025 may bring some side effects of that newfound popularity.
At the beginning of each new year, Decrypt Check out his Crypto Crystal Ball to find out which narratives are likely to take shape over the next 12 months and what those moves could mean for you.
After looking at Donald Trump's crypto agenda, the major implications of the upcoming Ethereum overhaul, and how VCs are falling in love with the industry, here are some perspectives on how traditional finance is shaping up to play a role it has never known before. The Crypto Landscape in 2025.
In fact, 2024 saw Bitcoin and Ethereum. ETFs Get on Wall Street. But if you think that this means that crypto has even seen the power that the US financial titans can muster, you are very wrong, according to Ryne Miller, a veteran lawyer with extensive experience in CFTC, FTX and some New York corporate law firms.
“The digital asset economy has yet to compete with Wall Street,” Miller said Decrypt.
TradFi's principals explained that they have yet to unveil their full marketing, lobbying and acquisition-related capabilities in the still-green crypto industry.
For many reasons, many regulators, 2025 may bring that eye of Sharon full focus on crypto. And with it can come a lot of chaos.
First of all, Miller expects that many TradFi companies will quickly start eating up smaller crypto companies.
“A lot of the players who are sitting down want to get it quickly,” he said. “They are going to buy well-run, responsibly managed crypto companies.”
Miller added that a successful crypto company can change quickly because of TradFi's requirements. Companies that make a lot of money but don't have clean internal structures can be seen as less attractive, while lesser-known platforms can be dominated by major financial services companies and corporate groups.
For a while now, crypto has been rolling in two directions. Crypto's ethos, once defined by privacy and decentralization-minded projects and founders, has come into conflict with blockchain companies seeking to merge with mainstream institutions and household brands.
Miller in 2011. He thinks TradFi's full-throated entry into the crypto ecosystem in 2025 could finally bring about a clean break between those camps.
“You can see two types of crypto communities [emerge]He said. “One is pure, the other is a packaged Wall Street product.”
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